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View Full Version : Kenyan Lawmakers Adopt Parliamentary Report on Shilling Collapse - Bloomberg



NewsWhore
03-15-2012, 08:30 AM
Kenyan Lawmakers Adopt Parliamentary Report on Shilling Collapse (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEyVcUTEzm8k9Xfyebq2nz80ZsI8g&url=http://www.bloomberg.com/news/2012-03-15/kenyan-lawmakers-adopt-parliamentary-report-on-shilling-collapse.html)
Bloomberg
Ndung'u attributed the shilling's slide to a variety of factors, ranging from currency speculation to the deteriorating global economy that curbed export orders from the key European market, and Kenya's increasing demand for imports.

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